$625,000
Glendale, AZ 85301
MLS# 7010233
Property Description
No HOA!! Updated triplex featuring separate casitas with a strong unit mix: 4 bed/2 bath, 2 bed/1 bath, and 1 bed/1 bath. Renovated in 2021 with modern finishes throughout. Ideal for investors seeking cash flow, privacy-focused layout, and strong rental demand. Turnkey opportunity with excellent income potential.
Details
Maps
Contract Info
Ownership: Other (See Remarks)
Current Price: $625,000
List Price: $625,000
Status: Active
List Date: 2026-04-07
Location, Tax & Legal
Assessor's Map #: 2
Legal Description (Abbrev): LOT 11 19 PARK ADDN 16-19 MCR 000342
Assessor's Parcel #: 168
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 92900
Taxes: 1356
Legal: LOT 11 19 PARK ADDN 16-19 MCR 000342
Marketing Name: Glendale 55 Triplex
House Number: 6706
Compass: N
Street Name: 55TH
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 3343
County Code: Maricopa
Subdivision: PARK ADDN 16-19
Assessor Number: 146-02-168
Tax Year: 2025
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 8526
Flood Zone: No
Total # of Units: 3
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Desert Garden Elementary School
Jr. High School: Desert Garden Elementary School
High School: Glendale High School
Year Built: 1940
Zoning: R-3
Legal Info
Range: 2E
Section: 8
Township: 2N
Lot Number: 11 19
Project Type
Tri-Plex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Brick Veneer: 1
Roofing
Composition: 1
Floors
Laminate: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1356
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 52383
Pmt & Rate Info
Cap Rate: 8.82
Equity: 625000
Down Payment %: 10
Monthly Payments: 0
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Taxes: 1
Insurance: 1
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Cable TV Available: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Off Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
No Carry: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 1531
Avg SqFt: 525
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 525
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1600
Avg SqFt: 575
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1995
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 55th Ave South of Glendale Ave
Geo Lat: 33.53528
Geo Lon: -112.177805
Income Expenses
Gross Annual Sch Inc: 55140
Net Operating Income: 55140
Property Features
Project Type: Tri-Plex
Construction: Block; Wood Frame
Const - Finish: Brick Veneer
Roofing: Composition
Floors: Laminate
Sale Includes: Land & Building
Payment Includes: Principal; Interest; Taxes; Insurance
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Cable TV Available
Appliances Included: Free-Standing Range; Refrigerator; Microwave; W/D Hookup
Heating: Forced Air
Cooling: Ceiling Fan(s); Electric
Water Source: Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: >1 Space Per Unit; Off Street
Road Access Type: Alley; City Street
Road Surface Type: Gravel
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: Supra
New Financing: Cash; VA; Conventional; No Carry
Environmental: None
Listing Office: Gentry Real Estate
Last Updated: April - 07 - 2026
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